St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-05
On the Chicago Board of Trade the Leading
Cereal Declined About Two
Gents.
All sorts of Rumors Prevalent to Account
For the Sudden Transition From
Firmness.
Corn Was Fairly Active and Ruled
Some Easier in Sympa-
thy.
Transactions in the Financial Circles
of Wall STRAIGHTFORWARD Quo
tatiOns.

| CHICAGO, Jan. 4.-There was a marked
''slump" in the price of wheat to-day, the
closing figures of the day ranging nearly 2
cents under those of yesterday. Sales of
wheat for May delivery were reported al
S77sc on the curb before regular trading
hours, or at about the same figure as at the
close yesterday. The first official sales on
change, however, were at size. The offer
ings in the pit, however, at L became so nu-
merous and heavy that sharp decline to S63ac
followed when the market rallied tritle, but
again took a downward turn under large
offerings of ''long' wheat and free hammer
ing by the bears There were all sorts of
rumorS to account for the sudden transition
from the firm showing made yesterday, one
of which was that the New York exporters
were free sellers of wheat purchased yester-
DAY. The lowest price of the day for May de-
livery was S55s@66c, touched near the close
of the afternoon trading, closing at SIC. Corn
was fairly active, and ruled easier. 81 mpa-
thazng very closely with wheat. The mar
ket opened &c lower, declined 54@59c addi-
tional, and closed at about inside prices.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. January opened at 79Hc,
closing at 1870; February opened at S014c,
closing at 791sc; March, opened at S034c,
closing at soc; May opened at S734c, clos
| ing at SEC. Corn-No. January opened at
36Ic, closing at 365sc; February opened at
373sc, closing at 3674@37c, March opened at
BIC. closing at size: May opened at 1890,
closing at 4219@4256c. Oats-No. January
opened at 26Ac, closing at 2674c; Febru-
airy opened at 265sc, closing at 2612c; March
opened at 26s4c, closing at 2634c; May opened
at 31ssc, closing at 31aac. Mess Pork-Jan-
uary opened at $12.O71a, closing at S1l.S5:
February opened at S12.2715, closing at
S11.S5; March opened at S12. 80. closing at
S12.05: May opened at $12.65, closing at
$3.50. Lard-January opened at $500, clos
ing at S6.45; February opened at $500, clos
ing at $3.50; March opened at $3.50, closing
at $3.50; May opened at S6.ST1a, closing at
&c. 21a. Short Ribs-January opened al
| S5.971a, closing at $5.95: February opened
at $6.071a, closing at Sc; March opened
at $500, closing at S6.07%; May
! opened at $685., closing at 1925.
| Cash quotations were as follows: Flour firm
and in good request at higher prices. No.
spring wheat, 1890; No. spring wheat, esq
| re; No. 2 red. 19c; No. 2 corn, 3614c; No. 2
oats, 26Hc; No. 2 rye, 53c; No. barley, $50
| SIC; No. flax seed, csc; prime timothy seed,
S1.S001S1. Mess pork, per Dbl, 81. S5@11.9O
lard, per 100 1bs, $3.50; short ribs, sides, loose,
| S5.9005.95; dry sailed shoulders, boxed, S4.S5
| GA 80; short clear Sides boxed, S6.5006.55.
| Whisky-Distillers' finished goods per gall,
S11S. Sugars-Cut loaf, 64061ac; gran
ulated, &c; standard A, 55sc. Receipts
Flour, IS 900 bbls; wheat, H. 000 bu; corn, 49,
00c bu; oats, los, 600 bu; rye. 1000 bu; barley,
| 900 bu, Shipments-Flour. AZ, 600 bbls;
| wheat, $4,000 blu; corn, $4,000 bu; oats. 49,
900 bU: rye, 1000 blu; barley, $4,000 hu.
! On the produce exchange to-day the butter
market was firm; creamery, 23030c; dairy,
29@125c. Eggs, 25028c for fresh. The re-
ceipts were large and the shipping inquiry
was light. Oats were moderately active and
easier. closing about &c lower. The increased
| receipts OF hogs of improved quality and the
! liberal stocks of produce reported on hand,
had weakening influence on the provision
market. mess pork declining 40@50c per bbl
closing at inside figures. Lard fell off 171a@
| zoe per 100 Ds and short ribs ruled 121a@15c
! lower per 100 lbs.
| PTTTR BERKEY. Pres. +. ". ANDERSON, Cashier
CIV .GRIGGs, V. Pres. A. c. ANDERSON, Asst @.
| Ink ST. PAUL NATIONAL BANK
CAPITAL. $500,000.
Cnr,,er 9th and jackson straata